(WheelsIndia) Wheels India complete technical analysis [charts+indicators] | Buy/Sell Wheels India | (WheelsIndia) share price targets
Complete technical analysis of Wheels India (WheelsIndia) by charts plus indicators, forecast predictions and share price targets for Wheels India (WheelsIndia)
Showing technical analysis as on 2022-12-02 View latest technical analysis
10 day averaged volume of Wheels India is 1746
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Dec 2022 | 603.45 | 624.90 | 624.90 | 593.50 | 1.786 times |
| 01 Thu Dec 2022 | 599.35 | 609.45 | 609.45 | 596.95 | 0.629 times |
| 30 Wed Nov 2022 | 602.20 | 607.30 | 611.80 | 596.95 | 0.388 times |
| 29 Tue Nov 2022 | 607.90 | 605.70 | 613.00 | 603.15 | 0.609 times |
| 28 Mon Nov 2022 | 610.95 | 610.90 | 612.55 | 599.60 | 0.86 times |
| 25 Fri Nov 2022 | 609.85 | 609.00 | 618.20 | 607.25 | 0.342 times |
| 24 Thu Nov 2022 | 609.15 | 602.00 | 615.90 | 602.00 | 2.099 times |
| 23 Wed Nov 2022 | 603.60 | 595.00 | 618.90 | 595.00 | 0.873 times |
| 22 Tue Nov 2022 | 590.65 | 640.00 | 640.00 | 590.00 | 1.924 times |
| 21 Mon Nov 2022 | 600.45 | 610.05 | 617.50 | 599.00 | 1.318 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 601.8 as stoploss in an intra day buy trade for a target of 614.11. However, stock will show a bearish move below 601.8.
Share price targets for Wheels India (WheelsIndia)
| Target Type | Value |
| Downside Target | 586.40 |
| Upside Target | 608.50 |
| Upside Target | 624.90 |
| Upside Target | 640.00 |
| Upside Target | 647.50 |
| Upside Target | 647.95 |
| Upside Target | 650.00 |
| Upside Target | 668.00 |
| Upside Target | 730.00 |
| Upside Target | 757.85 |
Intraday share price targets for Wheels India (WheelsIndia)
| Target Type | Value |
| Downside Intraday Target | 589.67 |
| Downside Intraday Target | 575.88 |
| Upside Intraday Target | 621.07 |
| Upside Intraday Target | 638.68 |
| Upside Intraday Target | 607.28 |
Weekly technical analysis of Wheels India (WheelsIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Dec 2022 | 603.45 | 610.90 | 624.90 | 593.50 | 0.652 times |
| 25 Fri Nov 2022 | 609.85 | 610.05 | 640.00 | 590.00 | 1.289 times |
| 18 Fri Nov 2022 | 617.30 | 621.85 | 650.00 | 608.50 | 6.623 times |
| 11 Fri Nov 2022 | 617.50 | 624.50 | 628.10 | 611.80 | 0.123 times |
| 04 Fri Nov 2022 | 621.05 | 638.95 | 647.95 | 612.50 | 2.772 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Wheels India (WheelsIndia)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Fri Dec 2022 | 603.45 | 609.45 | 624.90 | 593.50 | 0.121 times |
| 30 Wed Nov 2022 | 602.20 | 637.50 | 650.00 | 590.00 | 1.08 times |
| 31 Mon Oct 2022 | 628.90 | 621.10 | 668.00 | 586.40 | 1.182 times |
| 30 Fri Sep 2022 | 623.60 | 700.00 | 730.00 | 596.40 | 0.775 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Wheels India (WheelsIndia)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 22, 13, 25 | Buy |
| MACD | -14, -14 | Sell |
| Stochastics | 22 | Sell |
| CCI | 17 | Buy |
| RSI | 48 | Sell |
| OBV | 5081 | Sell |
| VWAP | 603 | Buy |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Wheels India ( (WheelsIndia) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Wheels India ( (WheelsIndia) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Wheels India ( (WheelsIndia) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Wheels India ( (WheelsIndia) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Wheels India stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Wheels India in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Wheels India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Wheels India in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Wheels India is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 602.69 and Wheels India (WheelsIndia) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Wheels India (WheelsIndia) stock. Volume based technical analysis of Wheels India (WheelsIndia) stock is negative.
Wheels India Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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